Monthly Archives: October 2012

Canadian Manufacturers & Exporters (CME) has recently released a study on the impact of the proposed changes to the SR&ED program to the international competitiveness of the Canadian tax system. According to the study, the cost of investing in research and … Continue reading →

Canada’s Institute of Chartered Accounts (CICA) has submitted a report summarizing their views on the impact of contingency fees on the Scientific Research and Experimental Development (SR&ED) program. CICA has found that contingency-based fee arrangements are a vital component of … Continue reading →

The latest Canada Revenue Agency service standards for April 2012 to September 2012, as reported in CRA’s Annual Report to Parliament, show that the average SR&ED claim takes 109 days to process. It should be noted that it is advantageous to … Continue reading →

Russ Roberts, CATA’s Senior Vice President for Tax, Finance and Advocacy recently submitted CATA’s position on contingency fees in regards to the Scientific Research and Experimental Development (SR&ED) Tax Incentive Program. In his letter, Roberts stated that the Canadian … Continue reading →

Canadian Manufacturers & Exporters (CME) has created an online petition to voice their opposition to the recent changes to the SR&ED program. CME’s recommendations to the federal government are as follows: Large companies should be provided with a partially refundable … Continue reading →

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What is SR&ED?

Administered by Canada Revenue Agency (CRA), the Scientific Research and Experimental Development (SR&ED or SRED) Program is a $3.5 billion business incentive program to encourage research and development in Canada.

SR&ED News

This blog will serve to keep all Canadian small- and medium-sized enterprises (SMEs), small business owners and managers, and SR&ED practitioners up to date on the latest SRED news.